aof.sorular.net
Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #754057
Introduction to Economics 1 Deneme Sınavı Sorusu #754057
______ can be defined as the additional revenue that a firm earns when it increases production by one more unit.
Which of the following completes the statement above?
|
Marginal cost |
|
Marginal revenue |
|
Total revenue |
|
Total cost |
|
Opportunity cost |
Yanıt Açıklaması:
Marginal Revenue is the additional revenue that a firm earns when it increases production by one more unit. In other words, it is the ratio of change in total revenue to a small change in quantity (MR = ΔTR / ΔQ). The correct answer is B.
Yorumlar
- 0 Yorum